More stimulus checks are coming:
$1,400 checks could be hitting bank accounts and mailboxes this month, going out to adults, children, and adult dependents including students and parents. These adult dependents did not qualify for previous payments, so that’s good news for many.
Who gets paid? Individual filers who earn as much as $75,000 (or joint filers making $150,000), plus their household members, qualify for the full $1,400 per person. If you are filing as a head of household, you can earn up to $112,500 and still qualify for the full payment. Phaseouts kick in quickly this round, and an individual with an income of $80,000 or a couple earning $160,000 won't receive anything.
Want to see if you qualify? The Washington Post put out a handy calculator to help you figure it out.
If you’ve filed your 2020 taxes, your check would be based on that income. If not, it would be based on your 2019 tax filing. If you’re waiting for a missed payment, individual tax returns have an extra line called “recovery rebate credit” to claim your stimulus payment.